Released on April 29, 2015
Approximately 1,000 delegates are expected to attend the 23rd annual Williston Basin Petroleum Conference, one of the preeminent events of its kind in the North American petroleum industry, which begins today in Regina. The conference takes place in Saskatchewan and North Dakota on alternating years, and is co-hosted by the Government of Saskatchewan, the state government of North Dakota, the North Dakota Petroleum Council and the Petroleum Technology Research Council.The Williston Basin is a major oil-producing region including portions of southern Saskatchewan, North and South Dakota, Montana and Manitoba, and the conference theme, “One Basin Fuelling Two Nations,” addresses the significant resources shared by these jurisdictions with a focus on research and development.
“This theme of economic momentum has real meaning to Saskatchewan,” Economy Minister Bill Boyd said. "Our province is identified as one of the leaders in growth and sustainability in Canada, and the oil and gas industry represents some of our best and brightest people and businesses. This conference showcases the new advances in exploration and development, the business and networking opportunities and the scientific expertise which make the Williston Basin what it is—one of our province’s key enablers of economic prosperity.”
The conference continues today and tomorrow and includes technical sessions, a commercial display area, and numerous presentations on business and technical aspects of the industry. This year’s agenda includes a supply chain session for service providers seeking opportunities in the oil and gas industry.
Additionally, the National Energy Board and Geological Survey of Canada, in association with the Ministry of the Economy, will both release independent resource assessments at the conference regarding the unconventional oil and natural gas potential of the Bakken Formation in southeast Saskatchewan.
Saskatchewan is Canada’s second-biggest oil producer. Oil and gas accounts for more than 15 per cent of Saskatchewan’s $61 billion real GDP, and supports approximately 38,000 jobs in the province.
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For more information, contact:
Deb Young
Economy
Regina
Phone: 306-787-4765
Email: deb.young@gov.sk.ca